Bank Other Operating Expenses vs Net Income Analysis

002966 Stock   7.92  0.06  0.76%   
Bank of Suzhou financial indicator trend analysis is way more than just evaluating Bank of Suzhou prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bank of Suzhou is a good investment. Please check the relationship between Bank of Suzhou Other Operating Expenses and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of Suzhou. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Other Operating Expenses vs Net Income

Other Operating Expenses vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bank of Suzhou Other Operating Expenses account and Net Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Bank of Suzhou's Other Operating Expenses and Net Income is 0.57. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Net Income in the same time period over historical financial statements of Bank of Suzhou, assuming nothing else is changed. The correlation between historical values of Bank of Suzhou's Other Operating Expenses and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Bank of Suzhou are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Other Operating Expenses i.e., Bank of Suzhou's Other Operating Expenses and Net Income go up and down completely randomly.

Correlation Coefficient

0.57
Relationship DirectionPositive 
Relationship StrengthWeak

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Bank of Suzhou. It is also known as Bank of Suzhou overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Bank of Suzhou financial statement analysis. It represents the amount of money remaining after all of Bank of Suzhou operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Bank of Suzhou's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bank of Suzhou current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of Suzhou. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
As of December 1, 2024, Selling General Administrative is expected to decline to about 2.5 B. In addition to that, Tax Provision is expected to decline to about 694.2 M
 2021 2022 2023 2024 (projected)
Gross Profit10.8B11.7B23.4B24.6B
Total Revenue10.8B11.7B23.4B24.6B

Bank of Suzhou fundamental ratios Correlations

0.870.870.870.680.890.98-0.010.710.890.690.150.060.380.890.430.640.680.870.680.950.780.80.87-0.640.84
0.870.840.810.420.830.92-0.220.480.80.610.21-0.03-0.040.870.090.290.330.730.540.840.550.940.94-0.860.96
0.870.840.780.490.830.910.320.520.770.570.20.00.170.770.240.450.450.740.510.850.850.870.87-0.650.79
0.870.810.780.770.680.850.020.760.640.380.460.290.380.90.530.340.70.940.820.750.560.850.89-0.750.87
0.680.420.490.770.420.570.160.660.390.120.50.420.820.540.810.390.80.790.730.510.430.450.49-0.410.45
0.890.830.830.680.420.93-0.040.40.950.84-0.15-0.360.120.810.10.670.40.680.430.970.820.750.83-0.50.79
0.980.920.910.850.570.930.00.630.910.710.12-0.030.230.890.30.580.560.840.610.960.790.860.91-0.690.88
-0.01-0.220.320.020.16-0.040.00.08-0.11-0.190.160.170.33-0.150.290.140.190.05-0.02-0.020.48-0.04-0.080.21-0.23
0.710.480.520.760.660.40.630.080.50.30.270.560.560.70.560.460.920.820.620.590.490.510.6-0.420.57
0.890.80.770.640.390.950.91-0.110.50.94-0.29-0.350.150.80.140.790.490.660.470.970.810.690.78-0.390.74
0.690.610.570.380.120.840.71-0.190.30.94-0.59-0.58-0.010.61-0.050.820.30.40.290.830.720.490.58-0.130.54
0.150.210.20.460.5-0.150.120.160.27-0.29-0.590.780.260.170.46-0.520.190.370.38-0.1-0.180.30.22-0.630.28
0.06-0.030.00.290.42-0.36-0.030.170.56-0.35-0.580.780.420.060.52-0.350.430.310.28-0.18-0.210.040.01-0.340.06
0.38-0.040.170.380.820.120.230.330.560.15-0.010.260.420.210.770.470.820.520.40.250.34-0.010.070.070.01
0.890.870.770.90.540.810.89-0.150.70.80.610.170.060.210.270.450.620.880.650.860.610.850.94-0.70.92
0.430.090.240.530.810.10.30.290.560.14-0.050.460.520.770.270.330.670.480.790.240.290.090.13-0.130.11
0.640.290.450.340.390.670.580.140.460.790.82-0.52-0.350.470.450.330.60.450.350.730.790.20.350.170.25
0.680.330.450.70.80.40.560.190.920.490.30.190.430.820.620.670.60.820.60.570.540.380.49-0.210.42
0.870.730.740.940.790.680.840.050.820.660.40.370.310.520.880.480.450.820.660.770.610.750.85-0.630.79
0.680.540.510.820.730.430.61-0.020.620.470.290.380.280.40.650.790.350.60.660.520.390.540.56-0.480.56
0.950.840.850.750.510.970.96-0.020.590.970.83-0.1-0.180.250.860.240.730.570.770.520.840.750.84-0.520.81
0.780.550.850.560.430.820.790.480.490.810.72-0.18-0.210.340.610.290.790.540.610.390.840.560.63-0.210.51
0.80.940.870.850.450.750.86-0.040.510.690.490.30.04-0.010.850.090.20.380.750.540.750.560.96-0.840.94
0.870.940.870.890.490.830.91-0.080.60.780.580.220.010.070.940.130.350.490.850.560.840.630.96-0.790.96
-0.64-0.86-0.65-0.75-0.41-0.5-0.690.21-0.42-0.39-0.13-0.63-0.340.07-0.7-0.130.17-0.21-0.63-0.48-0.52-0.21-0.84-0.79-0.88
0.840.960.790.870.450.790.88-0.230.570.740.540.280.060.010.920.110.250.420.790.560.810.510.940.96-0.88
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Bank of Suzhou Account Relationship Matchups

Bank of Suzhou fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets343.5B388.1B453.0B524.5B602.4B632.5B
Other Current Liab92.7B104.8B112.4B120.3B118.7B124.6B
Total Current Liabilities175.7B198.6B235.7B218.8B273.7B287.4B
Total Stockholder Equity27.8B29.7B32.6B38.5B39.5B24.0B
Property Plant And Equipment Net3.0B2.9B3.3B3.3B3.3B2.8B
Net Debt15.9B25.1B48.2B57.5B117.7B123.5B
Retained Earnings7.3B8.8B9.7B11.6B13.7B14.4B
Cash37.8B35.0B47.4B59.1B64.2B39.5B
Non Current Assets Total122.0B147.8B173.8B190.0B483.3B507.4B
Non Currrent Assets Other(1.8B)(2.5B)(2.6B)(3.2B)474.5B498.2B
Other Assets167.6B185.8B207.6B246.5B1.00.95
Cash And Short Term Investments37.8B35.0B47.4B59.1B3.8B3.6B
Net Receivables16.1B19.5B24.3B28.9B31.1B25.9B
Common Stock Shares Outstanding3.4B3.7B3.9B4.1B4.4B3.8B
Liabilities And Stockholders Equity343.5B388.1B453.0B524.5B602.4B632.5B
Total Liab53.7B60.1B95.5B116.6B560.7B588.7B
Total Current Assets53.9B54.5B71.6B88.0B119.1B67.1B
Intangible Assets408.4M475.8M515.1M574.3M643.3M416.2M
Short Long Term Debt Total53.7B60.1B95.5B116.6B181.9B190.9B
Non Current Liabilities Total53.7B60.1B95.5B116.6B286.9B301.3B
Other Liab1.4B2.2B2.2B2.2B2.5B1.7B
Net Tangible Assets23.1B27.4B29.3B32.1B37.0B27.9B
Inventory(86.3B)(75.5B)(95.8B)(125.2B)(34.9B)(36.6B)
Other Current Assets86.3B75.5B95.8B125.2B119.1B78.9B
Deferred Long Term Liab113.8M87.3M98.6M87.2M78.5M88.7M
Long Term Investments118.6B144.4B169.9B186.2B216.6B140.3B
Property Plant Equipment3.2B3.0B2.9B3.3B3.0B2.6B
Net Invested Capital81.5B89.8B127.8B154.9B170.0B119.7B

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Other Information on Investing in Bank Stock

Balance Sheet is a snapshot of the financial position of Bank of Suzhou at a specified time, usually calculated after every quarter, six months, or one year. Bank of Suzhou Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Bank of Suzhou and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Bank currently owns. An asset can also be divided into two categories, current and non-current.